₦airaland Forum

Judolisco:
What else are you subsidizing? The crude oil is gotten from Nigeria, it is refined in Nigeria.... No more transportation cost.... So what else are you people subsidizing.....

Dangote said his company is capable of supplying the entire nation, is it not common sense to buy from him... Some idiots started shouting monopoly..... Shey we dey craze for dis country..... Na dis fuel matter no go allow tinubu win 2nd term.... Infact anything less than 400 per liter na stone people go stone if he comut to campaign

Nigeria barely extra 1 million barrel per day and majority of that oil has been mortgage by APC thieves Tinubu and Buhari.

Deregulate the market now and remove the government.

What government agency has ever worked in Nigeria.

NFF
NEPA(PHCN)
NITEL
Nigeria Airwaste

BrandSpurNG:
https://brandspurng.com/2024/09/12/fg-markets-100b-creative-economy-growth-plan-to-corporate-nigeria/

Hannatu Musa Musawa (Honourable Minister of Art, Culture and the Creative Economy) is the one of the useless minister in Nigeria today. $100 Billion. Why not start with $1 billion?

Today, the majority of Nigerian artists produce and record the record aboard.

HurricaneLanter:
State Police should be created

It is not rocket science. Only Nigeria, which has a population of 220 million, has one police force. Why do we have a federal republic?

mcquin:
Are you okay or you are trying to be clever by half? Who are the persons that protested against subsidy removal? Please do not tell me Tinubu was the ring leader.

Since you choose to be stupid, I’ll indulge you. Since Tinubu feels Nigeria is too broke to fund subsidy, why is he running an expensive government lacking in spending priorities? Who buys a presidential yatch in the middle of austerity when even his ardent supporters are decrying reduced purchasing power?

Finally, you are yet to respond to the questions I asked in my earlier quote. If you are intelligent enough, you’d first have attended to each point as a decent co-debator will, not running blackmailing us with “Nigeria must walk.” Who has said Nigeria shouldn’t? Won’t it benefit all of us if Nigeria works?

Continue living in denial. In 2012, when Nigerians were protesting against GEJ's removal of subsidies, you all didn't know that the leaders you were supporting would end up like this.

The leaders that I am writing about are Buhari and Tinubu. They protested against the removal of oil subsidies for self-serving political reasons. Millions of Nigerians supported the protest in 2012, including the useless NLC, and now they are suffering.

mohbadliveson:
It's not by force to live in UK. If it's Nigeria, she will have someone to keep the baby with

Nigeria has it false due to the idiots at Aso Rock, but you always have family or community support.

Litmus:
The biggest obstacle for Nigerians wouldn't be the tech (tech in fact best suits third world nations) biggest obstacle will end up being FUD spread by Nigeria fossil fuel cabal.

If the masses ever had a mind and determination to switch to Electric and CNG, this would impact and shake Nigeria far more than any mass demonstrations that, in a case, usually only serve the interests of political forces.

Only the Dominica Republic and Egypt have successfully developed 10% of cars with CNG. I would advise that Nigeria take the CNG route when the country cannot supply the PMS that it has in abundance.

The real issue with Nigeria is the poor buying power of the country; Nigerians are not earning enough because they are not producing enough due to inadequate education, insecurity and electricity (Nigeria generate 5000MW when the country needs 100000MW)

obailala:
I'd repeat my point cos it still remains a valid truth.... Literally all cars manufacturers started as car assemblers. And to date, even the most advanced car manufacturers do not produce all parts and components themselves. Just like you rightly said, they outsource the production of several key components to date...

There's no wisdom in us continually rubbishing ourselves as Africans while we praise others. Take a look at China... a few decades ago, they were literally on the same level with 3rd world Africa. Not too long ago they started producing cars by buying parts and components, assembling and cannibalising car brands; the Chinese auto industry literally started by mimicking renown global models - I remember when we all laughed over the Chinese version of the Range Rover.... Today the joke is on the rest of the world; those guys now produce some of the most advanced vehicles in the world.

Chief,

Watch this brilliant video about Henry Ford and his journey to building the first automated car manufacturing plant. He didn't start by assembling cars; he was involved in full vertical integration from the inception.

China was never at the same level as third-world Africa. China and India have always been world economic powers involved in innovation in banking, paper, agriculture, mining, etc.

I grew up in the 1980s when Nigeria was building 150,000 cars per annum. 80% of the cars and trucks on Nigerian roads were assembled in Nigeria. At the same time, the country was doing backward integration of the steel industry (Ajaokuta, Delta ) for the frame, (ALSCON ) for the Aluminium body and engine, and Eleme (now Indorama Petrochemical) for plastic, which accounts for 85 % of a vehicle supply chain parts.

Nigeria had more than enough chance to develop, but it failed. Innosson might seem like a hard-working Nigerian to you, but he cannot prove that he can build a car. Yet he tried to lie to Nigerians that he had assembled a vehicle that he imported. He has to stop.


Henry Ford FULL DOCUMENTARY | American Experience | PBS America

https://www.youtube.com/watch?v=AWK0tG_JWIU&t=1429s

Sonyboom765:
Now the checks are in place hope foolish Nigerians won't complain but blame themselves for abusing previous relax visa guidelines

Well said.

Morbeta11:
https://gazettengr.com/uae-visa-only-available-to-nigerians-from-45-years-with-n16-million-monthly-closing-bank-balance/

They want only your politicians and corrupt government officials. Asewo, drug dealer and hustler, stay in Nigeria.

casualobserver:
Other companies are assembling Chinese cars in Nigeria and we see them on the roads. GAC assembles Chinese cars, they have a dealership in Lagos. They signed a deal with LASG for 1,000 cars for lag ride and just signed another deal for 5,000. Obi Cubana signed a deal with the same company for cars in Abuja. Why didn’t he sign his deal with INNOSON? Because nobody is going to sign a deal when you introduce new model every day and your cars do not have presence on the roads!

I just went to INNOSON website, they have 18 different models on their website from cars to buses….jack of all trades, master of none! Go to GAC website, they have only 5, that’s why they sell more and have more presence. When Volkswagen and Peugeot were assembling cars in Nigeria they never had more than 5/6 models at any one time.

I wouldn't say that GAC has an assembly plant in Nigeria. The site in Lagos is used to bypass tax and import tariff. They only assemble the tyres and windscreen onto the cars.

I worked on the supply chain and technical infrastructure for Jaguar Landrover's iFace model. Building the supply chain and off-site warehouse to support the vehicle's production took us three years, and that was for the IT infrastructure.

INNOSON has so many models that you must start questioning his business model and logic. Where is he building this vehicle? How many is he building? where is he sourcing the parts? The list is endless, and it is obvious there are more questions than answers.

skywolf28:
This is a Chinese car na
It's name is nammi 01
Why is innoson trying to claim he manufactured it

He knows his people will never call him out. Where is the assembly plant used to build the vehicle?

Nigerians like to be duped; that's why Indians, Chinese and Lebanese are using their fake manufacturing plant to import finished goods to avoid government tax and tariff.

obailala:
All cars manufacturers started as car assemblers. And to date, even the most advanced car manufacturers dont produce all parts and components themselves.

Rubbish,

Car manufacturers started as manufacturers and moved into car assemblers in the 197s following the introduction of the Japanese model of manufacturing called Just-In-Time, where a company focuses on its core values and horizontally integrates its suppliers to increase efficiency and production.

The auto industry is based on either vertical integration or horizontal integration.


Vertical integration is where all suppliers are in-housed, like Telsa gigafactory

Horizontal integration involves the manufacturer working with multiple suppliers, and the final manufacturing stage involves assembling all the parts.

Manufacturers, such as Jaguar Land Rover, will design the core of the vehicle, such as the car, build the frame in-house, such as the powertrain and frame, and buy all parts from their suppliers based on a robust infrastructure, such as an off-site warehouse, supply chain system, material flow system, and warehouse management suites.

casualobserver:
Every day INNOSON will introduce a new model, instead of them to focus on 1 or 2 and gain market share and economies of scale.

Dealership they don’t have, service center they don’t have, adverts they don’t have, every day introducing new model. I am sure they have more models than Mercedes that have been manufacturing since 1900.

Focus on 1 or 2 and be the go to brand for that niche, focus on a car that will be the default for taxi drivers/Uber and sell 30,000 a year. Focus on being the default for intra city or inter city buses and sell tens of thousands a year…no…..every day new model that we never see on the road. How can they gain traction if there is no brand awareness because nobody sees your cars on the road? Everyday we see GAC on the roads in Lagos, it gives consumers confidence. But we never see INNOSON because you will introduce 1 model every week.

Innosson has a workshop, not an assembly plant. He buys cars from China and labels them; Innosson doesn't even assemble them. That's why the states in the SE are not patronising him. Have you seen an Innosson service station anywhere in Nigeria?


Even the old Peugeot, VW, and Leyland have stopped assembling cars in Nigeria due to the lack of a supply chain to support the process.

ricson11:
This is the first made in Nigeria electric vehicle and it was produced by “Innoson Vehicles” in their manufacturing plant in Nnewi, Anambra State.


https://www.youtube.com/watch?v=earU4z5h3N8?si=7Rqrxq6fZk5shaD9

Fake news.

Let Innossun provide links to the manufacturing plant where he builds his fake electric cars.

Where is the plant that builds the frames, the aluminium body, the electric powertrain, and the batteries? Where is the assembly plant located? I want to see the evidence; no more lies.

This has to stop; some of us design and build manufacturing plants in the West, so we know a liar.

Pluto33:
Source:https://www.vanguardngr.com/2024/09/obasanjo-gowon-started-fuel-subsidy-impi/

I watched the brilliant documentary on Nigeria's oil industry during OBJ. He talked about the failure of the NNPC he created, and Buhari was its first chairman in 1977. Yet, OBJ, the petroleum minister from 2002 onward, failed to deregulate the oil industry as he had done the Telecom industry.

What is the relevance of NNPC when the country now has Indigenous oil companies that can extract, explore and market oil

Where are NITEL, NEPA, and Nigerian Airways? Today, the NFF can't even select a football coach and has ruined Nigeria's football. Nigeria political elites are very bad, but the rot started a long time ago under the old military government, and it cannot be fixed with a change of government.

Nigeria's struggle to break the 'oil curse

https://www.youtube.com/watch?v=ewpjhAFcpOo?si=Zh5wTPrblbdP4qjh

Coolsperm:
I have said it many times, that Yoruba Muslims are the once causing problem for the real Yorubas

There is a large sector of Lagosian indigenes that are Muslim.

It's evident that you don't know Lagos and its people.

Sunnymatey:
Majority of Nigerians don't like anything good.
They wanted APC knowing the faces behind the mask, now they have them.

Jonathan is ex president with good track records (for a country like Nigeria) while in office. He was abused, dragged and called all manner of derogatory names and finally voted out for the messiah party APC.
Now, enjoy your APC.

GEJ had a poor track record, and insecurity and corruption were endemic under his government.

Under his government, the country was living under a false illusion.
How many refineries did he fix?
Did Nigeria improve its electricity capacity beyond 5000MW?
What happened to the foreign reserves?
Why was Nigeria still subsiding imported refined fuel? Madness.

The fact that APC is worse than GEJ PDP is a factor of Nigeria's poor political structure, which selects the worst for the government.

Nigeria was always destined to be where it is today. The lack of civil services reform, the diversity of the economy, and the failure to restructure the political system indicate that nothing can change in Nigeria.

We can live in an illusion believing that change in government will lead to change in Nigeria's economic direction, but any country with one major source of income (oil) and no known industry will always be poor and backward, you can import food and energy and be rich.

favor914:
Bobloco & Bigkoko must still blame The APC & Tinubu.

Why haven't APC prosecuted anyone in the past government? Buhari and Tinubu have been petroleum ministers, yet no single prosecution exists. Maybe they want to continue stealing.

The 57-year-old is charged with two counts of conspiracy to make corrupt payments to government officials and officials of state-owned oil companies in Nigeria between 2010 and 2014, and in Cameroon between 2007 and 2014..

Oil trading giant Glencore and its former head of oil Alex Beard appeared in a London court on Tuesday to face bribery charges relating to the Swiss commodity trader’s operations in Nigeria and Cameroon.

Beard will plead not guilty, his lawyer said at London’s Westminster Magistrates’ Court.

Read also: Nigeria’s reputation in focus again as oil trader appears before London court on bribery charges

The 57-year-old is charged with two counts of conspiracy to make corrupt payments to government officials and officials of state-owned oil companies in Nigeria between 2010 and 2014, and in Cameroon between 2007 and 2014.

Beard, who is the most high-profile commodity trader to have been charged in Britain for alleged corruption, joined Glencore in 1995 from BP, the biggest trading desk at that time, and was head of oil from 2007 until 2019, when he retired.
He helped Glencore become one of the top three oil trading firms, trading as much as 7% of the world’s oil in its heyday.

https://businessday.ng/news/article/nigerias-reputation-in-focus-again-as-oil-trader-appears-before-london-court-on-bribery-charges/

VinnyBaba:
My organization went to an Urhobo Community near Ughelli for a sensitization programme and we went to a school.

The kids were something else.

Too Dull and had very poor assimilation of simple sentences and examples.
When you say 'The boy was hit by a car', you need it to explain and explain.

During Break, I saw them bringing out Nylon Palm Oil Rice, Madiga, Bongafish, etc to eat
and I suspected 'Could this be the cause of their academic struggles'?

because Chilren in Urban areas with their Cornflakes, Golden Morn, Indomie and Fried Eggs feeding were clearly better.

So DOES FOOD INFLUENCE A CHILD'S IQ DEVELOPMENT? 🤔
.

Yes

Tinubu can fix Nigeria's economy even if he tried

nairalanda1:
All very true...but APC was voted in in 2015 to fix those problems.

When have the Nigerian government ever fixed problems?

The longer we continue with this experience called democracy, the worse the government perform.

viodemus:
This administration lacks accountability

Well, when the head is rotten, . ....


okp*lor eyes is nothing but a proven criminal

So what are you going to do about it?

Complain or protest on the street. Nothing will change until they are forcibly removed

happney65:
Simple as ABC. But like they complained for 8years under Buhari,blamed the PDP for 8years,the same they are doing now

Awon Oloshi oloriburuku olofo

The PDP had 16 years to fix the problem. Instead, they paid militants to secure the oil field.

Why didn't the PDP fix the refineries?
Why did the PDP continue with fuel subsidies when it was known to be fraudulent?
Why didn't the PDP diversify Nigeria's economy away from crude oil exports? They had 16 years..

Under PDP, Military, and APC, Nigeria hasn't generated more than 5000MW for 220 million people. The issue is that APC and PDP Nigeria's political elite are clueless and corrupt and have beaten this oil subsidy to the point of exhaustion.

malali:
Nothing annoys me like when people who have been appointed to solve problems.

Just keep repeating what the problems are, Oga we all know the problems !!!

You were appointed to proffer viable solutions to solve the problems.

Dont tell us that dog bites....we all know the dog bites...we have appointed you as the dogcatcher and we are paying you a lot of money to catch the dog....Dont come to work everyday telling us how dangerous the dog bites !!

1-If a marketer is smuggling , revoke his license, all marketers should be licensed.
2-Get people to go undercover and find out who is really smuggling if not marketers.
3-If you cannot solve the problems associated with smuggling and Nigerians are in so much hardship with the fuel price and the dollar rates skyrocketing.

Then resign and let people that can do be appointed.

You can't blame Rabiu; the culture of impunity goes way deep, starting with the president. Over the past nine years, the president has been minister of petroleum and commander in chief. If crude oilmis being stolen then the president is responsible for the stealing.

mcquin:
You guys will say anything to defend trash. Nothing in the write up indicates economic downtime caused the bicycle riding.
First, consider the road in the picture you posted, next see how organized the metro is. Can same be said of Nigeria in 2024?

What about insecurity? Were the Chinese in that photo at the risk of getting kidnapped?

If Nigeria’s sole problem is high petrol cost, I doubt many will complain. As we speak, there’s food inflation, no power, insecurity, corruption, etc.

Finally, did the Chinese government in 1974 spend on frivolities as hajj, private jet and hatch?

Continue living in denial. In 2012, when Nigerians were protesting against GEJ's removal of subsidies, you all didn't know that the leaders you were supporting would end up like this.

Iweala and Sanusi all argue for removing fuel subsidies to free up funds to invest in refineries and electricity power plants. Instead, you all support the crooks who lied to you that subsidies is good.

How can a country of 220 million people have only 4000mw electricity?

PMS will be N1600, and Nigeria must walk, cycle, or shut up. There is no money to fund subsidies anymore; the country owes $120 billion and generates less than $30 billion.


Subsidy Is Organised Crime, I Cannot Allow It To Go A Day Longer - Peter Obi

https://www.youtube.com/watch?v=lrgp1pMZNSw&list=PLIcbLplu9OmTOaAMat8vGbtfsue-IJzSn&index=26

In the 1970s, India and China rode bicycles to work and school until their economies developed, while Nigerians imported Toyotas and Datsun. The honeymoon is over; there is no cheap oil to share.

otherway:
I saw this coming.

"On Saturday, the NNPC stated that it would only fully offtake petrol from the refinery if the market prices of PMS were higher than the pump prices in Nigeria"

I knew that the moment NNPC decides to be the sole buyer, they will try to make the price so high so much that Nigeria will start to wonder if Dangote ref has brought succour or hardship.

Now they probably want Dangote to be the one to announce fuel price so Nigerians will hold him responsible for price hike...

Dangote wants NNPC to announce price since they are the ones selling to Nigerians but NNPC don't want to take the heat from Nigerians.

If Dangote is given the freedom as a private entity to sell at his desired price to any marketer he wants be it agip, con oil and so on, I bet Nigerians will have respite.

But as we all know, NNPC is a currupt system and they will always want to make insane detrimental profits, they will do whatever they can to stop dangote from supplying the fuel at his desired price.

Dangote wants to sell NNPC with the expectation that NNPC will subsidies his PMS. `Dangote can sell his PMS directly to Nigerians and compete with modular refineries and imported fuel.

uzohrome:
They are frustrating dangote , we have those crude in abundance why not supply dangote crude oil for free and he refine and sell like 80% of It directly to Nigerians for 50 naira per liter and export 20% and sell and keep the money to himself. Or export other products like AGO and the other by products and keep the profits. Things will be normal again

Dangote is playing a game.

Dangote can sell his PMS directly to Nigerians; the problem is that his price will be higher than imported PMS, and the government rightly should not subsidies local produce PMS

adonainana:
Which stupid game changer is DANGOTE REFINERY

Someone got supplied crude oil in naira , refined it and instead of selling to the public, afterall the market has been deregulated.

The smart cunny simply supplies the NNPC with his petrol to determine price

In essence DANGOTE refinery never solved the problem

It simply went round the problem.

Now just like cement, DANGOTE is simply using NIGERIA NATURAL resources to run a business and make money for humself and his family.

Like I am sure everyone knows today if DANGOTE refinery burnt down and petrol stopped coming out, NNPC would simply go back abroad to import petrol for the country and sell at the same price DANGOTE refinery produced his.

SO WHAT EXACTLY was the point of the refinery

All the subsidies being paid to the different corrupt people is now simply being paid to DANGOTE.

Like IS THIS WHAT YOU MUMMUUU PEOPLE CALL A GAME CHANGER

Nigeria now has functional refineries, a Petrochemical plant, and a fertiliser plant in Lagos, a game changer. Nigeria now has two major petrochemical hubs, Lagos and Onne (River State)

We now need competition for Dangote

Damilola0147:
We are saying the same thing. America too has different tribes and even national. Let’s understand our differences and live together

We can respect our differences and still have separate nations. We need to start facing the reality of Nigeria, just like Sudan, Yugoslavia, USSR and India in 1949 came to erm with their country. Nigeria's unity is producing a very poor and unproductive elite,, that don't care about the country

Naira20:
They should just stop giving loans to Tinubu.
Because this is another excuse to give loans that will further impoverish Nigeria

Tinubu is doing World Bank and IMF policies, WB has provided $11 billion loans in 2 years to Nigeria to support the removal of subsidies and float the Nigeria. Nigeria is screwed with Tinubu